Editorial update — 17 September 2026. The original publication date and URL are preserved; this version replaces the earlier report with the source review below.
The Nigerian Exchange All-Share Index closed at 246,992.44 on 4 September 2026, up 0.25%, according to Bancorp Securities’ dated market report. Equity market capitalisation reached approximately ₦159.56 trillion, an increase of ₦405.67 billion.
What supported the move
The same report identifies consumer goods, oil and gas, and banking as advancing sectors, with Nigerian Breweries, Aradel, Zenith Bank and Stanbic among the relevant contributors. Industrial goods and insurance moved lower. This mixed pattern matters when interpreting the positive headline index.
Index points are not basis points
The earlier article described the 604.22-point index increase as basis points. That terminology was incorrect: an index-point change and a percentage-point change are different quantities. The session’s percentage move was 0.25%.
What the numbers mean
An index describes a basket of securities, not the return of every investor. Market concentration, liquidity and exchange-rate movements can make a diversified or foreign-currency portfolio perform differently from the local benchmark. Daily moves and weekly returns must be compared over the same dates; a rising index can also coexist with more individual shares falling than rising.
Reporting boundary
The earlier version contained detailed turnover shares and trade counts that were not consistent across reports. Those details have been removed here; this update concentrates on the dated benchmark close, market value change and the distinction between index performance and broad participation.
